shine announces partnership with the Energy Web Foundation

Berlin, September 19th 2018.
shine (shine.eco), the first digital platform for consumer energy management, has become an Affiliate member of the Energy Web Foundation (EWF). EWF is a global non-profit organization and was founded in 2017 as a platform to promote and develop open-source, scalable blockchain applications for the energy sector. With more than 70 participating companies and institutions – including global energy suppliers, network operators and blockchain developers – EWF is working to develop the foundational digital infrastructure to accelerate the transition to a decentralised, democratized, decarbonized, and resilient energy system.

“As an EWF Affiliate, we want to deploy more innovative solutions for household energy consumers and pave the way towards a decentralised energy system,” explains Dr. Felix Grolman, energy expert and CEO of shine, adding: “In order to exploit the benefits of the energy transition for consumers, we need modern and cost-effective mechanisms to trade energy and exchange resources. This is precisely where blockchain technology offers great opportunities.”

“shine’s focus on choice, transparency, and customer empowerment as people navigate the energy transition is a perfect fit for blockchain,” says Jesse Morris, Chief Commercial Officer of EWF. “Their applications sit between a household electricity customer and the growing list of options customers have, from choosing an electricity supplier to evaluating utility rate tariffs to considering investments in self-generation such as rooftop solar. It’s a perfect spot for blockchain to bring intelligence and automation into the equation, and we’re excited to welcome shine as an EWF Affiliate as we together leverage blockchain’s potential to accelerate the energy transition.”

EWF was founded by the Rocky Mountain Institute and Grid Singularity in 2017. Its mission is to accelerate the transition to a decentralised, cleaner and more cost-effective energy system. EWF is the largest global consortium of its kind, with more than 70 business Affiliates and an ecosystem of users and developers collaborating to develop blockchain technologies for the digital infrastructure of the energy system of the future.

About Energy Web Foundation

Energy Web Foundation (EWF) is a global nonprofit unleashing blockchain’s potential to accelerate the transition to a decentralized, democratized, decarbonized, and resilient energy system. EWF is building the shared, digital infrastructure—an open-source, scalable blockchain platform—specifically designed for the energy sector’s regulatory, operational, and market needs. Co-founded by Rocky Mountain Institute and Grid Singularity, and with a worldwide network of more than 70 affiliates and growing, EWF is the largest energy blockchain consortium and the industry’s leading choice as the foundational blockchain base layer, providing the digital DNA building blocks powering the world’s energy future. For more, visit: energyweb.org.

About shine

shine is the first independent energy manager for the home. The company supports energy consumers as they embark on their personal, long-term energy transition. shine’s energy management technology provides an integrated and continuous solution for optimizing electricity costs and energy supplies. Working with proprietary technologies and algorithms, shine makes it easy for energy consumers to compare and switch electricity tariffs or providers via an app. shine not only develops a detailed personal energy profile for each household, it also analyzes the profitability of investments in end-user’s own energy generation systems and makes recommendations for optimizing existing photovoltaic or combined heat and power plant (CHP) systems. The company behind shine is the digital energy company easyOptimize GmbH, which was founded in Essen in 2015 and has been based in Berlin since 2017. The company’s Managing Director, Dr. Felix Grolman, established shine to implement his vision of bringing the energy transition into every home. shine is the first long-term, personal partner to provide end users with the best energy solutions and bring transparency to the highly complex energy industry. shine’s focus is on turning consumers into prosumers, making them independent from large energy suppliers, thereby paving the way for the decentralized energy system of the future. For further information, please visit: shine.eco.